Latest news with #SNOW
Yahoo
2 days ago
- Business
- Yahoo
3 Large-Cap Stocks Worth Investigating
Large-cap stocks have the power to shape entire industries thanks to their size and widespread influence. With such vast footprints, however, finding new areas for growth is much harder than for smaller, more agile players. This dynamic can trouble even the most skilled investors, but luckily for you, we started StockStory to help you navigate these trade-offs and uncover exceptional companies that break the mold. That said, here are three large-cap stocks with attractive long-term potential. Market Cap: $70.12 billion Founded in 2013 by three French engineers who spent decades working for Oracle, Snowflake (NYSE:SNOW) provides a data warehouse-as-a-service in the cloud that allows companies to store large amounts of data and analyze it in real time. Why Could SNOW Be a Winner? Billings have averaged 26.5% growth over the last year, showing it's securing new contracts that could potentially increase in value over time Net revenue retention rate of 126% demonstrates its ability to expand within existing accounts through upsells and cross-sells Market share will likely rise over the next 12 months as its expected revenue growth of 24.3% is robust Snowflake is trading at $210.25 per share, or 14.6x forward price-to-sales. Is now a good time to buy? See for yourself in our in-depth research report, it's free. Market Cap: $109.3 billion With over 90 years of connecting the world's technologies, Amphenol (NYSE:APH) designs and manufactures connectors, cables, sensors, and interconnect systems that enable electrical and electronic connections across virtually every industry. Why Do We Love APH? Annual revenue growth of 15.2% over the last two years was superb and indicates its market share increased during this cycle Dominant market position is represented by its $16.78 billion in revenue and gives it fixed cost leverage when sales grow Earnings per share grew by 19% annually over the last five years, massively outpacing its peers At $90.95 per share, Amphenol trades at 37.9x forward P/E. Is now the right time to buy? Find out in our full research report, it's free. Market Cap: $91.53 billion Starting as a family business collecting and cleaning shop rags in Cincinnati, Cintas (NASDAQ:CTAS) provides corporate identity uniforms, facility services, and safety products to over one million businesses across North America. Why Will CTAS Outperform? Offerings and unique value proposition resonate with customers, as seen in its above-market 8.6% annual sales growth over the last two years Adjusted operating margin profits increased over the last five years as the company gained some leverage on its fixed costs and became more efficient Robust free cash flow margin of 16.4% gives it many options for capital deployment, and its rising cash conversion increases its margin of safety Cintas's stock price of $226.44 implies a valuation ratio of 48.7x forward P/E. Is now the time to initiate a position? See for yourself in our full research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
28-05-2025
- Business
- Forbes
History Says Snowflake Stock Could Fly Even Higher
Shares of Snowflake (SNOW) are moving 0.3% lower to trade at $205.77 this afternoon, but earlier touched a fresh annual high of $209.29 after its composite rating saw a lift to 96. Yesterday brought news of a partnership between the IT name and the 2028 Los Angeles Olympics, and on May 22, the stock enjoyed a post-earnings pop of 13.4%. Despite its now 33% year-to-date profit, SNOW remains significantly below its December 2020 record peak of $390. However, a flashing bull signal could mean further gains for the tech giant. Daily chart of SNOW since May 2024 LSEG Workspace Specifically, SNOW is sporting low implied volatility (IV) while sitting within 2% of a 52-week high, as demonstrated by its Schaeffer's Volatility Index (SVI) of 38%, which ranks in the low 16th percentile of its annual range. Per Schaeffer's Senior Quantitative Analyst Rocky White, the equity saw two similar signals in the past three years, after which it was higher one month later both times with an average 3.9% gain. Meanwhile, puts are more popular than usual in the options pits. This is per Snowflake stock's 50-day put/call volume ratio at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), which stands in the 86th percentile of annual readings. Should this bearish sentiment begin to unwind, it could act a tailwind for the shares.
Yahoo
28-05-2025
- Business
- Yahoo
Snowflake Inc. (SNOW) Is 'At The Cusp Of A Breakout,' Says Jim Cramer
We recently published a list of . In this article, we are going to take a look at where Snowflake Inc. (NYSE:SNOW) stands against other stocks that Jim Cramer discusses. Snowflake Inc. (NYSE:SNOW) is a software-as-a-service (SaaS) company. Cramer frequently discusses the stock on his morning show, and he praised its industry as stocks sold off after President Trump's tariff announcements in April. The CNBC host believes Snowflake Inc. (NYSE:SNOW)'s presence in the SaaS industry protects it from inflationary pressures and business disruptions due to the tariffs. Ahead of the firm's fiscal first-quarter earnings report earlier this month, Cramer had been optimistic about its ability to deliver strong results. The optimism was warranted as Snowflake Inc. (NYSE:SNOW)'s $1.4 billion in revenue and 24 cents in adjusted earnings beat analyst estimates. Cramer praised the firm's management: 'Tonight, I've got Snowflake, which is right now at the cusp of a breakout. That's Ramaswamy, he's done a really terrific job.' A software engineer at work, surrounded by a wall of computer monitors connected to a 'Data Cloud' platform. Artisan Partners mentioned Snowflake Inc. (NYSE:SNOW) in its Q1 2025 investor letter. Here is what the firm said: 'During the quarter, we initiated new GardenSM positions in Baker Hughes, Snowflake Inc. (NYSE:SNOW) and Viking. Snowflake is a leading cloud data warehouse and analytics platform, benefiting from the ongoing shift away from on-premise infrastructure. Its cloud-native architecture enables greater scalability, faster performance and improved efficiency for businesses managing large data sets. We see upside as a new management team refines the company's sales and marketing strategy, aligning it with the growing demand for tools that help organizations organize and analyze data. While competition bears watching, we believe Snowflake is well positioned to help its customers structure data to take advantage of increasingly powerful AI models.' Overall, SNOW ranks 11th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of SNOW, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SNOW and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
28-05-2025
- Business
- Yahoo
Famous Investor Identifies Snowflake (SNOW) as One of the Market's Top Stocks
Josh Brown, an investor who frequently appears on CNBC, recently identified Snowflake Inc. (NYSE:SNOW) as one of his favorite names in the market when he was on the network. Snowflake Inc. (NYSE:SNOW) owns and operates "a cloud-based data platform." Brown is the CEO of Ritholtz Wealth Management. SNOW stock reached a peak of $400 and then steadily declined for three years, Brown noted. However, after reaching a low last September, the shares have "been working really well," Brown reported. He believes that Snowflake Inc. (NYSE:SNOW)can climb further "towards some of (its) older highs." Calling SNOW's first-quarter earnings "fantastic," the investor noted that more than 600 of its customers are paying it at least $1 million annually. The number of customers in that category surged 27% compared with the same period a year earlier, he reported. Finally, Brown's net revenue retention rate of 124% shows that its customers are increasing the amount of money that they spend on SNOW's offerings. While we acknowledge the potential of SNOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SNOW and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
28-05-2025
- Business
- Yahoo
Famous Investor Identifies Snowflake (SNOW) as One of the Market's Top Stocks
Josh Brown, an investor who frequently appears on CNBC, recently identified Snowflake Inc. (NYSE:SNOW) as one of his favorite names in the market when he was on the network. Snowflake Inc. (NYSE:SNOW) owns and operates "a cloud-based data platform." Brown is the CEO of Ritholtz Wealth Management. SNOW stock reached a peak of $400 and then steadily declined for three years, Brown noted. However, after reaching a low last September, the shares have "been working really well," Brown reported. He believes that Snowflake Inc. (NYSE:SNOW)can climb further "towards some of (its) older highs." Calling SNOW's first-quarter earnings "fantastic," the investor noted that more than 600 of its customers are paying it at least $1 million annually. The number of customers in that category surged 27% compared with the same period a year earlier, he reported. Finally, Brown's net revenue retention rate of 124% shows that its customers are increasing the amount of money that they spend on SNOW's offerings. While we acknowledge the potential of SNOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SNOW and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
